Grand Rapids, MI 49507,1899 Palace Avenue SW

$219,900

Est. payment /mo
Est.Price: ?

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1899 Palace Avenue SW Grand Rapids, MI 49507

2 Beds

5,227 Sqft Lot

SOLD DATE : 09/29/2025

Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 65025034484

Bedrooms 2

Year Built 1895

Annual Tax Amount $3,551

Lot Size 5,227 Sqft

Property Description

Investment Opportunity! Lower unit vacant allowing for an owner occupant house hack or great as an investment. Lower unit 2 bedroom upper a 1 bedroom. The upper is rented to Community Rebuilders with a long term tenant for $1175.00!!!! The lease is valid until 05/31/2026 Professionally managed by a reputable property management company, offering a seamless transition to a new owner if interested. Features include a new furnace (2022) and city certification until 09/27/2027, vinyl siding and replacement windows. Situated in a great location within a strong rental market and close to amenities. Don't miss this chance to capitalize on strong rental demand and rising property values in Grand Rapids!

Location

State MI

County Kent

Area Grand Rapids

Zoning Residential

Interior

Heating Forced Air

Exterior

Garage Spaces 2.0

Roof Type Composition

Building

Foundation Michigan Basement

Sewer Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Realcomp MLS
Listed by Timothy J VandenToorn of United Realty Services LLC
Bought with Michigan Top Producers
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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